Ennis, Inc. (NYSE:EBF) Shares Purchased by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC grew its holdings in shares of Ennis, Inc. (NYSE:EBF) by 3.2% during the fourth quarter, Holdings Channel.com reports. The firm owned 1,617,581 shares of the industrial products company’s stock after buying an additional 50,792 shares during the quarter. Allspring Global Investments Holdings LLC owned 0.06% of Ennis worth $33,888,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. FMR LLC increased its holdings in shares of Ennis by 34.6% during the third quarter. FMR LLC now owns 3,324 shares of the industrial products company’s stock valued at $81,000 after purchasing an additional 855 shares during the period. Nisa Investment Advisors LLC increased its holdings in shares of Ennis by 8,888.9% during the fourth quarter. Nisa Investment Advisors LLC now owns 4,045 shares of the industrial products company’s stock valued at $85,000 after purchasing an additional 4,000 shares during the period. SG Americas Securities LLC acquired a new position in shares of Ennis during the third quarter valued at $103,000. CWM LLC increased its holdings in shares of Ennis by 30.9% during the third quarter. CWM LLC now owns 5,039 shares of the industrial products company’s stock valued at $123,000 after purchasing an additional 1,190 shares during the period. Finally, GPS Wealth Strategies Group LLC increased its holdings in shares of Ennis by 10.3% during the fourth quarter. GPS Wealth Strategies Group LLC now owns 7,099 shares of the industrial products company’s stock valued at $150,000 after purchasing an additional 663 shares during the period. 74.33% of the stock is owned by institutional investors and hedge funds.

Ennis Stock Down 0.3 %

Shares of EBF stock opened at $20.47 on Friday. The stock has a 50-day simple moving average of $20.86 and a 200 day simple moving average of $21.88. Ennis, Inc. has a fifty-two week low of $18.88 and a fifty-two week high of $25.75. The stock has a market capitalization of $532.37 million, a P/E ratio of 12.87 and a beta of 0.41.

Ennis (NYSE:EBF) last announced its earnings results on Monday, December 23rd. The industrial products company reported $0.39 earnings per share for the quarter, meeting the consensus estimate of $0.39. Ennis had a return on equity of 12.16% and a net margin of 10.35%.

Ennis Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, February 6th. Investors of record on Thursday, January 9th were paid a dividend of $0.25 per share. The ex-dividend date of this dividend was Friday, January 10th. This represents a $1.00 annualized dividend and a yield of 4.89%. Ennis’s dividend payout ratio is currently 62.89%.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered Ennis from a “strong-buy” rating to a “buy” rating in a report on Thursday.

About Ennis

Ennis, Inc manufactures and sells business forms and other business products in the United States. The company offers snap sets, continuous forms, laser cut sheets, tags, labels, envelopes, integrated products, jumbo rolls, and pressure sensitive products under the Ennis, Royal Business Forms, Block Graphics, 360º Custom Labels, ColorWorx, Enfusion, Uncompromised Check Solutions, VersaSeal, Ad Concepts, FormSource Limited, Star Award Ribbon Company, Witt Printing, B&D Litho, Genforms, PrintGraphics, Calibrated Forms, PrintXcel, Printegra, Forms Manufacturers, Mutual Graphics, TRI-C Business Forms, Major Business Systems, Independent Printing, Hoosier Data Forms, Hayes Graphics, Wright Business Graphics, Wright 360, Integrated Print & Graphics, the Flesh Company, Impressions Direct, and AmeriPrint brands.